2024 PKR to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PKR to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PKR to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 323.8645. Conversely, the yearly low was recorded on January 6, dropping to 53.2799.
This high-to-low spread represents a total annual volatility of 270.5846 LBP. From a start-to-finish perspective, comparing the January average rate of 53.6963 to the December average rate of 321.9135, the exchange rate registered a net change of 499.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 323.8645 was up 456.57% compared to the 2023 peak of 58.1896, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PKR to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 244.6544, compared to 321.9775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 77.3232 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 269.0881 LBP (High: 322.7188 / Low: 53.6307). On the other end, January was the most stable month, with a tight range of 0.9574 LBP (High: 54.2372 / Low: 53.2799).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.4811 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 322.3947) against the same month in 2023 (average: 52.8207), the exchange rate shifted by +269.5740 (+510.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 54.2372 | 53.2799 | 53.6963 |
| February | 322.7188 | 53.6307 | 127.5213 |
| March | 322.9579 | 320.4883 | 321.3725 |
| April | 322.5993 | 321.4259 | 321.9525 |
| May | 322.4182 | 320.6681 | 321.7328 |
| June | 322.8577 | 321.2048 | 321.6509 |
| July | 322.0902 | 320.8137 | 321.6915 |
| August | 322.4265 | 320.8026 | 321.4352 |
| September | 322.6503 | 321.2814 | 321.8939 |
| October | 323.1018 | 321.7857 | 322.5364 |
| November | 323.8645 | 322.1070 | 322.3947 |
| December | 322.3703 | 321.3660 | 321.9135 |